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Nov 29, 2012 3:00pm EST
on what each person said from each party and how that impacted the market, starting with speaker john boehner. here's what he had to say early in the day. >> despite the claims that the president supports a balanced approach, the democrats have yet to get serious about real spending cuts. and secondly, no substantive progress has been made in the talks between the house and the house over the last two weeks. >> so republicans accusing democrats of not being serious. what did the democrats have to say? well, listen to harry reid. >> republicans know where we stand. we've said it, we've said it, we've said it so many times. the president said the same thing. it's been weeks, at least two weeks, since we met at the white house. we're still waiting for a serious offer from the republicans. >> so neither the democrats nor the republicans are serious according to the democrats and the republicans. what's really going on here, guys? i think we should put it into serious context. the negotiation. both sides want more concessions from the other side than they're seeing right now. that's why yo
Dec 6, 2012 3:00pm EST
-virus software pioneer john mcafee has finally been caught, but you will not believe where he was found and how he was actually located. we have details on this bizarre story that gets more bizarre all the time. coming up. [ male announcer ] when a major hospital wanted to provide better employee benefits while balancing the company's bottom line, their very first word was... [ to the tune of "lullaby and good night" ] ♪ af-lac ♪ aflac [ male announcer ] find out more at... [ duck ] aflac! [ male announcer ] [ yawning sound ] >>> welcome back. check out zynga. the shareholders getting good news today after a tough year. the stock rallying after the company filed for gaming license in nevada. julia boorstin with the story on this big bet. over to you. >> investors are clearly relieved to see zynga is trying to make money from online gambling. getting a game license in nevada is a key first step. but a much bigger hurdle is the fact that online gambling is illegal in the u.s. zynga could be sitting on a gold mine if even a few percent of its monthly poker players gamble. e
Dec 4, 2012 3:00pm EST
about that. he owns his own firm and says he would never borrow money just to give it away. john burns says all this is just one more sign the corporate tax environment is not working. michael, this is obviously a case of borrowing from peter to pay paul, which you call crazy, right? >> well, when the federal reserve takes interest rates to ridiculously low levels, people do dumb things. they borrow money to buy nasdaq stocks. they borrow money to flip houses. sometimes they borrow money, corporations do, just to send it out the back door. they don't use it to create capital goods or to raise the revenue and earnings. they just send it out the back door, and they leverage up their balance sheet. i want to put to you on notice that corporations vin creased their debt by over $1 trillion since december of 2007. horribly inefficient way to grow an economy. >> it's interesting you say that. i feel like one day we're going to back and say, remember whe could borrow at 3% to buy a house. if companies have to borrow the money to pay a dividend, why issue a dividend? >> well, i think we forgot
Nov 30, 2012 3:00pm EST
talking about the bias to the upside toward the close. >> how worse headlines can you get than john boehner, the speaker of the house, saying we've gone nowhere on talks and the market moves higher? >> i don't know if it's because of a deal expectation as much as it's because of this morgan stanley rebalance and this movement toward the upside at end. i don't know if this is technical in nature. >> today i think it is. >> it's technical, yeah. >> before we go, brad, what would you buy? >> from a credit stand point, we're comfortable with a lot of these companies you're hearing could potentially come with a special dividend. you know, if they're still a highly rated company, it's a modest one-time uptick in leverage, we're still comfortable with that. the question really is if it's actually a change in the way a company's going to run itself from a leverage standpoint. we saw that with at&t. that was an underperformer in credit. if it's a one-time thing, i think we're comfortable. if it's a change in philosophy, that's when you'll see underperformance. >> all right, gentlemen. thank
Dec 3, 2012 3:00pm EST
, it was from erskine bowles. >> a prominent democrat. >> yes. >> thank you, john harwood. i can't believe we've had 13 months to figure out medicare, medicaid -- >> yes, you can. come o we're talking about congress. >> -- taxes, social security -- >> we're talking about politics. >> -- now down to the last 28 believes. >> of course you can believe that. that's how it works. it's human nature. did you study for your finals 13 months before you had to take them? you did not. >> that doesn't mean it's responsible. let's take a short break. 40 minutes before the closing bell sounds on the day. a market down 55 points on the dow industrials. >> ford and general motors getting a boost from all the folks who needed new cars after sandy. but is either stock a buy right now? we'll look at that in the charts coming up next. >> bill r millionaires an endangered species? find out why the number could dwindle in the new year. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. so i never missed a beat. that
Dec 5, 2012 3:00pm EST
planning. also, speaker of the house john boehner meeting with small business leaders on capitol hill where he reiterated some of his key points. again, just within the past hour. take a listen. >> business owners with us today are here to highlight president obama's demand to raise tax rates instead of cutting spending. his plan will hurt nearly 1 million small businesses around our country. that will affect hundreds of thousands of jobs. >> reporter: and guys, there are republicans here on capitol hill who are urging the speaker to cut a deal with the president. i talked to one of the earliest republicans to say, you know what, let's take a the president up on his offer to extend the bush tax cuts for everybody under $250,000 and at least take that uncertainty off the table and then continue to negotiate the rest to have later. some of the republicans are now coalessing around that view that they should give into what the president is suggesting, at least temporarily, and continue to negotiate on the rest because there's a lot of political pain here for republicans if we do get to the poi
Search Results 0 to 5 of about 6